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Azerbaijan state budget revenues forecast for 2022 unveiled

Economy Materials 27 October 2021 10:12 (UTC +04:00)

BAKU, Azerbaijan, October 27

Trend:

The revenues of the state budget of Azerbaijan in 2022 is forecast to equal about 26.82 billion manats ($15.7 billion), which is an increase of 5.4 percent compared to 2021, Trend reports citing the "On the state budget of Azerbaijan for 2022" law draft published in the official press .

State budget expenditures are projected at 29.89 billion manats ($17.5 billion), which is 4.7 percent more as compared to the expenditures envisioned in 2021.

Thus, a budget deficit is to be just over 3.06 billion manats ($1.8 billion), which is 1.7 percent less than in the state budget for 2021.

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